Question

    What is the current Cash Reserve Ratio (CRR) fixed by

    the Reserve Bank of India (RBI)?
    A 4.25% Correct Answer Incorrect Answer
    B 4.50% Correct Answer Incorrect Answer
    C 4.75% Correct Answer Incorrect Answer
    D 5.25% Correct Answer Incorrect Answer
    E 5.55% Correct Answer Incorrect Answer

    Solution

    The CRR is among the important components of the RBI's monetary policy. As of 2024, the CRR rate is 4.5%, which has been effective since May 21, 2022.

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